After big dump over last days that was overextended after yesterday's Saleforce earnings, the DOW finally is in the demand zone worth a risk.
On smaller timeframes we can see some demand building with Change of character and breaks of structure.
I opened long with a potential for a return to 39700 based on the new GDP data released, that is favoring interest rate cuts.
Stay safe and good luck :)
On smaller timeframes we can see some demand building with Change of character and breaks of structure.
I opened long with a potential for a return to 39700 based on the new GDP data released, that is favoring interest rate cuts.
Stay safe and good luck :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.